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Real Estate
Overview
Property
in our beautiful area and specifically on Sanibel and Captiva
is broken down into six generalized categories based on location
and/or use. Single family residential homes and condominium
residences are available in each of these categories. These
six basic property categories are:
- Gulf Front
- Bay Front (Roosevelt Channel)
- Canal
- Near Beach
- Golf Course
- Inland
Gulf Front
Gulf
front properties are properties that are located directly
on the Gulf of Mexico and the beaches as highlighted on the
picture to the right. Generally, gulf front properties are
the most expensive properties on the islands. A gulf front
home is a home where the property line runs directly to the
beach. Gulf front homes can range in value from around $2.5
million dollars to well over $10 million depending on the
lot, and home. Gulf front condominiums can vary greatly in
value depending on their view and size. There are many complexes
on the island where some units have an undisrupted view of
the beach and gulf and others have no view of the gulf at
all. View and square footage are the two major factors when
valuing gulf front condominiums
Bay Front
Bay
front properties are located on the opposite side of the island
from the gulf front properties along San Carlos Bay and the
Roosevelt Channel. Bay front properties are usually the second
highest priced properties and generally have unobstructed
views of these waterways, but generally do not have the expansive
beaches that the gulf front properties do. The upside to bay
front homes is the opportunity for boat dockage that most
properties offer. Bay front homes can range in value
from around $1.8 million to over $3 million and even $4 million
depending on the lot and views. There are only several bay
front condominium complexes on Sanibel and Captiva. They follow
the same pricing as gulf front based on size and view.
Canal
The
third property type is called canal properties and after gulf
and bay front is the highest priced. A canal property is any
property where you can dock a boat out back of your home and
be able to drive it to the bay and gulf through the canal
system. There are different types of canal systems on the
islands from direct access to sea walled to mangrove canal
systems. Each different type of canal can accommodate different
sizes of boats and are priced accordingly. Canal homes can
range in price from around $600,000 to over $2 million.
Near Beach
Near
beach homes and condominiums are generally less expensive
types of properties than gulf front, bayfront, or canal front
properties on the island. These are properties which are not
located directly on the beach but are just a short walk away.
These properties range in price from $400,000.00 to over $1
million.
Inland
Inland
property is the least expensive category of property on the
island. We define inland property as any home or condominium
which is More than a short walk to the beach. One might prefer
to Use a car or bicycle to get to the beach. There are
quite a few inland home sites and very few inland condominiums.
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